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revenue and proves until at least 2016. coming up we go live to jane king at the new york stock exchange to find out how hp stock is doing this morning. >>> this morning mark zuckerberg is announcing one billion people are now using facebook actively, each month. the announcement if the way of a thank you note he sent out this morning that reads in part: thank you for giving me and my little team the honor of serving you. helping a billionój people connect is amazing hum leng and by far the thing i am most proud of in my life. facebook went public in may, $38, now trading at about $22. at 3:00 on katie the woman behind facebook sits down for a one-on-one interview chief operating identify sheryl sandberg opens up to katie today at 3:00 followed by abc7 news at 4:00. >>> new development in the breaking traffic news we've been following for you all morning. major bart delays folks from the east bay trying to get into san francisco. >> that's not all. >> sue is in the traffic center. new information on the tracks. >>> stalled maintenance vehicle has been cleared off the track between macar
up, we'll go live to bloomberg's jane king at the new york stock exchange. >>>:30 good morning i'm is. >>> i'm eric thomas. a lot of events this weekend. let's check in with lisa argen in for mike. >>> good morning. we are starting out with not only low clouds and fog, airport delays stacking up an hour and 26 minutes at sfo. higher cirrus clouds as well, there's a weather system offshore that will be allowing for a sun-cloud knicks today at our coast starting out -- mix today, starting out in the upper -- sea breeze keeping temperatures on the cool side around the bay mid 50s with the cloudy skies by noontime trying to thin out that cloud deck by the afternoon, sun cloud mix with upper 60s to low 70s, inland valleys, couple degrees of cooler today as that cooler onshore flow makes its way inland, low 50s and by the midday hour partly cloudy in the upper 70s by the afternoon we're talking a weather system flirting with us all weekend, i'll explain, coming up. >>> good morning. back to the bay bridge earlier accident just past the metering lights lane two cleared out now we have a stal
and new, cell phone company that could be part of an international takeover. live to jane king at the new york stock exchange. >>> chocolate lovers, listen up, new link between th >>> welcome back. check out cloud cover over the bay area flight arrival delays nearly 69 minutes into sfo showers are over for now. tí@ santa barbara where the be one or two may rotate towards us, especially along the sierra where going to be -- where it is going to be a little wet the next couple of days also southern california. scattered showers possible around yosemite with snow above 8700 feet tomorrow near 80 by the time we get to sunday. >>> new this morning, four kids and one adult are dead after an apartment fire in baltimore. victims include a 1-year-old boy, 2-year-old girl, 4-year-old boy, seven-year-old girl and 50 favre-year-old grandma. no word on what caused the -- 55-year-old grandma. no word on what caused the fire investigators believe it started in the basement. a mother jumped out of the window holding her two-month-old baby. >>> no school at miami-dade community college in florida today o
. >>> still ahead live to jane king at the new york stock exchange for update on stocks. >>> lance armstrong tries to limit damage from the doping scandal. major company >> good morning i'm lisa argen in for mike nicco many welcome to wednesday, offshore flow, winds out of the northeast 10 to 15 miles an hour over the higher elevations over east bay going to warm us up to 90 in concord, 78 and sunny, light breeze in the city across the state red flag warning in sacramento westside of the delta, carquinez strait where winds could gust to 30 miles an hour, humidity drops to as low as 5 to 10% so be careful out there. >>> time to check in with josh elliot for a look at what is coming up on "good morning america". >>> great to be with us everybody in the bay area. we will be returning to long island the scene of that contentious debate at hofstra university last night between president obama and governor romney. the second of three. it is fair to say it was contentious and how. you see the men at times really -- we are going to have all the highlights. we'll be speaking to vice president biden a
a break. there were some loose seats in some other plans. jane king has the bloomberg business report. hi, jane. >>hi, stan. good morning. american express pay more than $112 million several credit-card violations. customers had to pay off old debt. the settlement involves the consumer protection bureau and utah regulators. amex will refund $85 million to customers. american express neither admitted nor denied accusations in the settlement. a fight between samsung and apple continues. samsung is accusing the iphone 5 of infringing on eight of its patents. futures are a little bit higher. we finished ne we did have a strong manufacturing report. american airlines has been dealing with flight delays now checking for lose seats on a bank of its jetliners. some seats became unbolted on two flights. increasing oversight for carriers while flying under bankruptcy. at the new york stock exchange, i'm jane king, bloomberg news, for wbal-tv 11 news. >> there was a report about seasonal hires. macy's is one of those companies. >> yes. retail is the place to be if you're looking for some t
function on your smart phone -- install or enable the remote function on your smart phone. >> jane king has the bloomberg business report. hi, jane. >> good morning. betemit agree to pay more than $5.5 billion for coventry healthcare -- $7.6 billion in bonuses to the ceo who didn't shop around for the highest offer. coventry and aetna had no comment. it is all about manufacturing today on wall street. a contraction. that is for a fourth straight month. that is not good news. manufacturing makes up tall % of the overall economy. we did have a lower close back on friday -- manufacturing was makes up 12% of the overall economy. crude oil prices are falling from may 1 week high. have you bought a car lately? banks are offering the lower rates and has pushed vehicle sales up 9.5% last month. that is the fastest pace in three years. at the new york stock exchange, i'm jane king, bloomberg news, for wbal-tv 11 news. >> some folks are starting their holiday shopping. the nintendo wii will be a hard to find item. >> it better try to your hand down one now. preorders are on fire. possibly baby diaper
, starbucks is going into the hiring mode. jane king has the bloomberg business report. tgif, jane. give the orioles a shout out. >> ok, go orioles. i have not been watching baseball. more bad news for the social security administration. they are cutting hours to save on over time. offices were shut their doors 30 minutes early starting november 19. it is jobs day on wall street. economists are not too rosy on today's numbers. we are basically running in place. a gain of 100,000 jobs is just enough to absorb the population of new workers. we will see those numbers in about three hours. weekly jobless claims and factory orders came in better than expected. sprint is considering whether to make a counterbid for metro pcs . spring's board -- starbucks has an expansion plan in mind. the plan to add 1,000 -- they plaln to add 1,000 stores. at the new york stock exchange, i'm jane king, bloomberg news, for wbal-tv 11 news. >> starbucks fans having trouble finding it seasonal strength this year. >> the pumpkin spice latte. fans complaining of a possible shortage. buyer beware when paying per th
. >> get ready to spend more when booking your ticket home for the holidays. jane king has the bloomberg business report. hi, jane. >> hello, stan. your news feed on facebook may be full of postings covering last night's presidential debate. if you have a message, you have a chance to bump it up, for a price. you can promote your post for $7. oeing.n for bel the contract is valued at nearly $2 billion. futures are a bit higher so far this morning. there were encouraging reports yesterday on job creation and the services industry. we get the big monthly jobs report tomorrow. demand for luxury rooms rose. a positive forecast for next year. start saving up now or pick your travel date strategically. airfares on average are trending 3% higher compared to last year. the average things giving flight rose by $11. at the new york stock exchange, i'm jane king, bloomberg news, for wbal-tv 11 news. >> thank you. >> 5:22. >> how councilmembers feel about restaurants posting their health restaurants posting their health grades ♪ we were skipping stones ♪ and letting go ♪ over the river and dow
into the future are back to time. jane king has the bloomberg business report. hi, jane. how are you? >> you probably remember 49 states reached a settlement with five of the nation's big mortgage lenders. pie isd's piece of that $1 billion. a report coming out shows 14 states plan to spend the entire allotment of settlement money on housing relief. on wall street, investors waited on corporate report cards from verizon.zo we were higher yesterday but not by much. fedex testing strategies for same-day delivery. web retailers try to match that. the postal service is trying out something similar in san francisco. a number of owners of iphones are complaining the date and time are wrongly displayed. because of the problem is unknown. apple is aware of the time of shifting issue. at the new york stock exchange, i'm jane king, bloomberg news, for wbal-tv 11 news. >> bad news about college kids and for their parents and college debt. deeper debt. what amazon is doing to make parenting easier. >> 5:22. 46 degrees at the airport. what does it take to be one of the most fit men of all time? i've neve
have to remember the name. >> i like the idea. jane king at the new york stock exchange with that and wal-mart and american express teaming up. >>> they are. very interesting wal-mart and amex developing reloadable prepaid card for customers, it is called the bluebird card no overdraft, minimum balance or monthly fees. the company says ed to be an all turn i have to debit and checking accounts and serve what it calls the under banked. it will be available next week. wal-mart says the two will be offering check-writing service next year. wal-mart and american express shares higher. green do the has a red arrow -- green dot has a red arrow. we are lower the world bank this morning forecasting economic growth in east asia, will hit 11 year low@lcvkk haven't seen since 1997. u.s. markets under some pressure. bloomberg index down. shares of apple word over the weekend another labor dispute in china temporarily halted iphone 5 assembly. sprint rolling out new service, will let you use a name instead of a phone number to give out to people to call. you can choose a name or nic
halloween deals. jane king has the bloomberg business report. >> good morning. more savvy shoppers can use apps as a tool when shopping for the holiday season. there are apps for everything. there is one that will tell you is priced lower elsewhere. kmart watching and orange and black promotion. 50% off halloween costumes and decorations. the average consumer will spend $80 on halloween this year. a merger deal between t-mobile and metro gps. we had a mixed close yesterday with worries about spain dragging on the dow. the bloomberg maryland index getting a boost on gains for mccormick and united therapeutics. we're in a baby bust right now as baby births fell for a fourth straight year. out of four couples and those hit hard by the recession cannot afford to start a family or add to it. at the new york stock exchange, i'm jane king, bloomberg news, for wbal-tv 11 news. >> thank you. 6:21. guarantees an playoff game at the yard. keith mills will have sports. >> here is a look at last night's winning maryland lottery numbers. >> now traffic pulse 11 and insta-weather plus together. >> good m
confirmedi the plan. it possible diaper shortage. some job fairs are coming up. jane king has the bloomberg business report. >> good morning. the chamber of commerce said there is a job fair for veterans at m&t bank stadium on thursday from 11:00 a.m. until 3:00 p.m. the event is free. looking to hire hundreds of workers. also holding a recruitment fare on thursday from 5:00 p.m. until 8:00 p.m.. a lower day for stocks on friday. the bloomberg maryland index losing ground on losses for sourcefire and the costar group. the nintendo wii will not be on shelves so pre orders have been hot. nintendo may not have enough to go around this year. a possible diaper shortage may be looming. there was an explosion in a factory. the accident may trigger a shores of the chemical which makes the diapers' absorbent. at the new york stock exchange, i'm jane king, bloomberg news, for wbal-tv 11 news. >> 6:20. 50 degrees at the airport. the orioles clinch a spot in the playoffs. >> keith mills will have highlights. >> here is a look at last night's winning maryland lottery numbers. you disgust me. prove it. e
to getting ahead in business. jane king has the bloomberg business report. hopefully i have a way to go with the bulbaldness. >> a recent survey says 41% of respondents who have lost their job recently are optimistic they will find a job and the next six months. 70% say they are concerned about the possibility of being laid off -- 17%. the health-care industry it may be a solid career choice. job posting on for positions rose 13% from june of 2011 to june of this year. workers in the restaurant industry are also in demand. the industry is headed toward its strongest year. darden restaurants said they will hire 50,000 new workers as they expand. futures this morning are looking quiet. we finished mixed yesterday. the dow was down. who says being bald is a bad thing? they are seen to be more masculine and having greater leadership potential than those with hair. the researcher has a shaved head. something to think about. at the new york stock exchange, i'm jane king, bloomberg news, for wbal-tv 11 news. >> i will go home and break out the razor. not. >> i cannot wait. >> there
is it to buy things off your smart phone? jane king has the bloomberg business report. >> good morning. an analyst says buyer beware. consumers around the globe will buy $1.3 trillion worth of goods with their smartphones and tablets. on wall street, we're waiting for the september jobs report appeared yesterday, stocks were rising. factory orders were better than forecast. the bloomberg maryland index rising on gains for under armour. trademark has filed a for its name for grounds and holding coffee. some coffee fans are not happy with starbucks. many chains are experience a shortage of serviced to create the pumpkin lattes. some are going to ebay to stock up on the instant version. at the new york stock exchange, i'm jane king, bloomberg news, for wbal-tv 11 news. >> 6:19. for theor die time orioles. >> don't forget to e-mail us your response to our water cooler question of the day. how confident are you in the orioles' chancese to bring the playoffs back to baltimore this weekend? you can share your response at and on our facebook page, or send us an e-mail to watercooler
to step up competition with prepaid phone carriers. jane king has the bloomberg business report. >> good morning. an increase in temp hiring predicted this year. more than 238,000 jobs that need to be filled. 80,000plans to hire seasonal assess its this year. they need workers for other macy's and bloomingdale's stores. the national retail federation giving a cautious outlook on how much consumers plan to spend. retailers are entering the most important season. the nation's unemployment rate is still stuck around 8%. holiday sales should slow to 4.1%. mixed clothes for stocks yesterday. the bloomberg maryland index was fractionally lower. a phone with no contract with unlimited talk and texting. it is $10 less than the previous offering.o offes you go at the new york stock exchange, i'm jane king, bloomberg news, for wbal-tv 11 news. >> 6:20. 65 degrees at the airport. an accident near the airport could affect your morning commute. >> the orioles stumble to start their last regular-season series. >> here is a look at last night's winning maryland lottery numbers. >> now traffic pulse 11
by the japanese -- sprint nextel is now majority owned by the japanese. jane king has the bloomberg business report. >> there was an investigation on the so-called ghost of factories. many have homes and playgrounds built on top of them. 500 former lead sites will be checked. the department of the environment is still analyzing recent soil samples. futures are pointing a bit higher. financials among the losers on the s&p. sprint nextel is the stock we're eyeing. more than $20 billion for a 7% take. s what does that mean for customers? we know many companies looking to hire military veterans. electric will provide training. at the new york stock exchange, i'm jane king, bloomberg news, for wbal-tv 11 news. >> thank you very much. >> 5:23. 67 degrees at the airport. a phyllis skydiver shatters the sound barrier -- a fearless skydiver shatters the sound barrier. thehe orioles' season is topic of our water cooler question. you can share your response on, on our facebook page, or send us an e-mail to >> a skydiver breaks a record. he fell more than 24 miles to e
may show off this afternoon. jane king has the bloomberg business report. good morning. >> just listen to the report on the ipad mini. apple showed off the iphone 5 month ago. apple pulling out all the stops. the company may show what updates to its imac desktop and possible a new deskbook pro. microsoft introducing its surface tablet and googled may show off a new tablet. a lower start on wall street. we're waiting for results from facebook and netflix. yesterday we were higher just barely. the energy drinks have been sighted in at least five deaths in the past year. emergency room visits involving energy drinks have soared, many involving patients 18 to 25 years old. at the new york stock exchange, i'm jane king, bloomberg news, for wbal-tv 11 news. >> fed ex. gear up for the holidays. >> they are looking to hire 25,000 workers. this is all about online shopping. also a check on the baltimore housing market. >> thank you. >> 5:22. the deadline for a tax credit is approaching. how we can help. >> don't forget to e-mail us your response to our water cooler question of the day. do you t
. facebook is making some changes. jane king has the bloomberg business report. >> facebook is changing things up again to attract new users and boost revenue. they are making the site more secure for users. they are responsible for and an enormous amount of personal data. new visual layouts on l in.inkinked the dow soared more than 100 points yesterday. there was easing concern over europe's financial problems. the bloomberg maryland index was up. the university of phoenix is closing 25 campuses and cutting 800 jobs. they have several locations in maryland. halloween is upon us. the 20 best cities for trick-or- treating. the best city for trick-or- treating is san francisco. baltimore cayman 20th on the list -- baltimore came in 20 if list. listh on the at the new york stock exchange, i'm jane king, bloomberg news, for wbal-tv 11 news. >> 20 is not bad. the yankees have yet to win a game since beating the orioles. >> here is a look at last night's winning maryland lottery numbers. >> now traffic pulse 11 and insta-weather plus together. >> good morning. sarah caldwell checking on your
and good news for dish network subscribers. jane king has the bloomberg business report. >> good morning. millions of dish network customers now have their amc networks back after the parties reached a settlement. the settlement brings back me tv.ifb and european leaders fail to discuss aid for spain. the bloomberg maryland index closing in the red. mitt romney brought big bird back into the debate. mitt romney said he drew upon binders full of women. that remark became a trendy topic on twitter. hundreds more lakes on its facebook page. debeers is cautiously optimistic about sales heading into the holidays. at the new york stock exchange, i'm jane king, bloomberg news, for wbal-tv 11 news. >> 6:20. 46 degrees at the airport. the ravens have an extra week to lick their wounds after an embarrassing loss in houston. >> was sunday's ravens' loss just a bump in the road or a sign of things to come for the rest of the season? you can share your response on, on our facebook page, or send us an e-mail to >> but first, here is a look at last night's winning mar
is still on the minds of many americans. the new york stock exchange is back to business today. jane king has the bloomberg business report. >> the new york stock exchange is open for business today. sandy caused flooding and blackouts in of lower manhattan. it was the longest weather- related shutdowns in more than a century. lugar spoke with arthur levitt -- bloomberg spoke with arthur levitt. to see the exchange godown is very unfortunate. it closed on friday and stocks did end pretty flat. next and next lower on losses for microsystems -- the bloomberg maryland index was lower on losses for microsystems. ups is creating more than 56,000 seasonal positions in the u.s. and canada to help deliver more than a billion packages this holiday season. the busiest day of the year will be december 20. at the new york stock exchange, i'm jane king, bloomberg news, for wbal-tv 11 news. >> 6:21. 41 degrees at the airport. >> the orioles get a chance to go for the gold. whether and the close of october in gold and style. >> here is a look at last night's winning maryland lottery numbers. >> now traf
waivers. >> wolfe street will head back to work today and so does jane king. of thestand you're one many millions in new york without power and heat. >> that is exactly the case and no water, is a huge inconvenience. we lived downtown. went to visit some friends last night. everything is black south of 39th street. we're trying to make the most of it. i have two children and they have been brave climbing stairs. we're trying to be as patient as we can. flashlight is a life saver. nice to be back this morning. sandy has come and gone and u.s. stock market trading will reopen today. it was suspended for two. the stock exchange was under pressure to reopen its doors. stock futures this morning are quiet. the date of october jobs report is due this friday. many are wondering whether the data would be out on time. the bureau of labor statistics is working hard for the timely release. baltimore's jobless rate is improving. the jobless rate dropped to 7.1% in baltimore. it is still halloween. the drought is a good thing for pumpkin farmers. more pumpkins are available and that means prices have
is under fire for a free pizza promotion. amazon is looking to hire thousands of workers. jane king has the bloomberg business report. good morning. >> hello, stan. lots of news that could shape today's trading news. we have a report on inflation and consumer prices for september from the labor department. futures are pretty quiet. we did rise yesterday. citigroup shares jumped the highest since march. amazon rallying. amazon possibly interested in buying a mobile chip unit. they're developing a smartphones. amazon looking to hire 50,000 seasonal workers. many of the jobs could lead to full-time positions with the company. pizza hut launched a contest to ask presidential candidates sausage or pepperoni? the stunt has triggered a backlash. a contestant will be randomly selected. the prize is free pizza for life or a check for about $15,000. pizza hut will honor the prize if you ask the question. at the new york stock exchange, i'm jane king, bloomberg news, for wbal-tv 11 news. >> pizza for life or 15 grand? >> i could probably eat $15,000 of pizza. t target?mas already and targe >> targ
-mail to >> it seems there's no end to cyber attacks on the banks. jane king has the bloomberg business report. limited to another friday -- we made it to another friday. >> are you sick of those automated telemarketing calls? they are illegal and annoying. there's a contest asking the public to bring its ideas on how to stop them. you can go to the winning prize is $50,000. it was a dark day on wall street 25 years ago. 23% plunge in the dow. it took more than a year to restore all the value that was erased. no panic this morning with futures this morning. we have earnings from ge and mcdonald's. the nasdaq falling hard as google's quarterly profit was accidentally released earlier than expected. cyber attacks on banks continue. a new round of sustained assaults. the attacks involved overloading banks websites with internet traffic which slows down service for customers. it could take months to determine whether data are money has been stolen. at the new york stock exchange, i'm jane king, bloomberg news, for wbal-tv 11 news. >> mother nature was kind to us last
february of next year. politics may ruffle your s if you're looking for a costume. jane king has the bloomberg business report. >> last year was the fourth warmest winter on record. old man winter is expected to come back with a vengeance. splendor could be 20% colder than last year. ding bills may go up -- heating bills may go up. the company plans to cut more than 100 jobs in rockville later this year. we're waiting on another housing report on wall street. stocks ended in the red yesterday. the nasdaq falling hard. the bloomberg maryland index slightly higher on rebounds for sourcefire and stanley black & decker. big bird costumes for adults have been flying off store shelves and some places are sold out. mitt romney threaten to cut government funding for pbs. at the new york stock exchange, i'm jane king, bloomberg news, for wbal-tv 11 news. >> thank you. 6:19. keith mills will have sports. >> here is a look at last night's winning maryland lottery numbers. >> now traffic pulse 11 and insta-weather plus together. >> good morning. sarah caldwell checking on your morning commut
that baltimore's housing market is on the mend. jane king has the bloomberg business report. >> home values rising. median home values rose 1.3% in the third quarter compared to the second quarter. that is the biggest quarterly gain since 2006. homes on the market selling for just under $220,000 on average. the recovery is an easy across the country. fedex is looking to hire 20,000 seasonable workers. the most active shipping date this year is expected to be december 10, with 19 million packages in transit. stocks were barely higher yesterday. apple led tech shares. the bloomberg maryland index was lower and losses for jos. a. bank. you may earn more as an adult as the uncool kids. strong personal and social relationships translate to good relationships with colleagues and clients in the workforce. at the new york stock exchange, i'm jane king, bloomberg news, for wbal-tv 11 news. >> duh. really? >> i know you are really popular. 6;22. 49 degrees at the airport. the bears and lions fade under the prime lights of football. a candid assessment of the ravens. >> here is a look at last night's
it expires. at the new york stock exchange, i'm jane king, bloomberg news, for wbal-tv 11 news. >> 6:20. terrell suggs takes the practice field for the first time this season and he is ready to hit somebody. anybody. whoever is close. that includes gerry sandusky. >> here is a look at last night's winning maryland lottery numbers. >> now traffic pulse 11 and insta-weather plus together. >> it is a busy ride. we have accidents in many locations. southbound 83 is closed at old york road because of a tractor- trailer accident. per hour. to 24 miles on the northeast side at harford, we have an accident taking up two left lanes. 32 on southbound 295. we have a southbound accident on the b-w parkway. another crash at waterloo. here's a quick, live look at traffic. southbound traffic and those delays continue down towards 32. this is harford. you can see we have some closures. inner loop, two left lanes closed. a lot of activity. there is the closure. that is the latest on traffic pulse 11. >> you are making me dizzy. who is operating your cameras? some rain is possible tonight. 47 in parkt
across the world. more rumors only ipad mini. jane king has the bloomberg business report. >> good morning. one in five workers at advanced micro devices is at risk of losing their jobs. it will cut more than 2300 positions as demand for personal computers lawanes. paypal is planning on making cuts. the fastest job growth in the u.s. is the economic downturn. jobs in oil and coal are among the best paying. investors looking at quarterly results from citigroup and report on september retail sales. a mixed close back on friday as investors continued to monitor .urope's debt crisis the bloomberg maryland index was down. more speculation about an ipad mini. $840 for a fully loaded mini. at the new york stock exchange, i'm jane king, bloomberg news, for wbal-tv 11 news. >> thank you. 6:18. talk about home field advantage. >> the ravens won, thanks to joe flacco and company. the news is not all good. keith mills will have sports. >> here is a look at last night's winning maryland lottery numbers. it's heavy lifting. you start with a democratic senator named ben. by getting bwi-marshall f
is ready to unveil a new product. jane king has the bloomberg business report. good morning. >> good morning. target strategizing how to bring in more shoppers. the retailer says it will match online prices of retailers like amazon and best buy. target also planning to rollout free wifi. customers are not asking for it. vikram pandit made a surprise exit from citigroup. sheila bair says his departure will help the company. she had concerns about his qualifications. he had never been a commercial banker. futures again this morning are just steady. there was a big rally yesterday. the dow soaring more than 100 points. there were easing concerns over europe's financial consideration. apple is expected to announce a smaller version of its ipad. this is the first change to the ipad since it was first introduced by steve jobs. at the new york stock exchange, i'm jane king, bloomberg news, for wbal-tv 11 news. >> halloween is almost upon us. >> this is very important. i will say how baltimore ranks. facebook making changes to their sidte. >> what are you going to be for a halloween? >> i wi
about this halloween. >> jane king at the new york stock exchange with that. explain jane! >>> good morning. really important stuff about candy, that in a second. 16 of the nation's largest financial services firms warning president obama and congress interest rates could spike significantly if they don't come to agreement on tax and spending and void that so-called fiscal cliff with automatic tax hikes and spending cuts. the letter was signed from heads of top banks. moody's has warned it might downgrade united states debt if an agreement is not reached. we have a slight negative tone on wall street, weekly jobless claims went up more than forecast. a little direction. bloomberg index trading down. halloween sales not looking sweet for candy makers, consumers projected to cutback on amount they spend on treats this year. halloween tops easter, christmas and valentine's day as top holiday for chocolate some pulling back spending. live at the new york stock exchange, i'm jane king. >>> 6:49. >> it is 49ers day here we have ordered up warm temperatures hopefully the 9ers will pack hea
of drawing a larger crowd. >> here's jane king. >>> good morning. problems in the diaper supply chain after explosion and fatal fire at a japanese factory that supplies a third of the global market for chemical use in diapers in plant make as krill lick acid -- make as krill lick as -- . lower close for stocks friday investorss continue to eye european debt crisis. banks are charging consumers the lowest interests on new car loans since the federal reserve began keeping track in 1971. 0% interest, 60 month loans back offered by a lot of automakers. >> hot turkey sandwiches, peppermint milkshakes, miniature sandwiches and new logo at arby's unveiling new products in a multi-million dollar restaurant makeover. at the new york stock exchange, i'm jane king. >>> government agency that pledges to deliver no matter what, failed to deliver a huge payment overnight postal service will -- [ unintelligible ] the postal service says financial picture would improve if congress would put an end to saturday delivers. >>> 30 years ago today, turntables, cassettes and reel-to-reel tape flairs started the m
is widening. >> here's jane king. >>> have you been to the doctor lately? the number of visits on the decline census bureau says average adult 18 to 64 made 3.9 visits in 2010, down from 4.8 in 2001. census bureau says top 1% of income earnest saw their take increase 5 1/2% last year fell in the bottom 80%. mixed close for stocks yesterday better than expected reports on manufacturing. watch for a check in the mail from american express agreeing to pay more than 112 million dollars in fines and refunds to customers after being accused by federal regulators of deceptive marketing, illegally late fees and discrim nails against older applicants. i'm jane king. >>> national retail federation expects winter holiday shopping sales to rise 4.1% this year. hiring reflects mixed view, nationwide macy's planning to hire 80,000 for the christmas season, 2 1/2% increase from last year. >>> next, train tracks remain closed in the central valley after an amtrak crash and derailment. the impact in the bay area. >>> blindfolded and put into a smelly room. 7 on your side tells us if a product promises to take
's jane king. >>> good morning. bankrupt american airlines and pilots' union agreed to contract talks. the union has agreed to delay moving towards a strike all could lead to a breakthrough and bitter standoff over cost cutting. airline checking 11 more planes for loose seat clams after checking 36 yesterday and finding problems on six. the union says much of the installation work was outsourced. you may catch more than a good deal on fish if you shop at cost warehouse club chain pulling kirkland smoked salmon off shelves over concern about salmonella poisoning after the dutch supplier has warned the product has sickened hunts in the netherlands. restaurants -- s and bars heading towards strongest year of job growth since 2004. mixed close for stocks yesterday, spain's debt problems weighed on shares. i'm jane king. >>> government has an important warning for people taking supplement force weight loss or health. inspectors found problems with one out of five they bought many claimed they could cure or prevent diabetes or cancer they back up claims with flimsy evidence such as college
, i'm jane king. >>> i kind of knew that, just trial and error the study just came out if you are shop enough you get a feel for that. [ laughing ] >> jane, thank you very much. >> you should get paid for that, they have those programs, personal shoppers. >> i'll look into that, thank you. this morning we are checking for any chance of sprinkles. so far not seeing it. >> maybe inverness, bodega bay still the best chance where doppler has been showing the best radar returns. most of the bay multi-layers of clouds, even a few high clouds upper level low closer to the bay area. you can see radar returns just off the coast of the north bay. we'll put it in motion, over the last three hours as we've been talking about they were going to fall apart before reaching the coast other than a sprinkle here or there, it is just about over this event. stray shower still in the forecast this afternoon. fog north bay around santa rosa and san rafael, 46 napa, 48 half moon bay and los gatos 49 san jose everybody else 50s. monterey bay inland upper 40s to low 50s chilly there. forecast stray shower poss
, it will be released. >>> if you drive a toe -- toyota there's a recall you need to know about. here's jane king. >>> good morning. toyota recalling nearly 2 1/2 million vehicles in the u.s. more than seven million globally because of powers with the power window switch that could result in smoke or fire. teens struggling with bad cases of acne may be turning to an unusual cure scientists identified 11 new viruses with potential to cure the out of control back tear -- bacteria. >>> iphone 5 made with aluminum that is thinner and lighter but scratches easily leading to production delays in time for holidays neiman marcus out with gift catalogue most expensive his and hers watch along with a trip to paris and geneva. $354,000 special edition of spider sports car. at the new york stock exchange, i'm jane king. >>> wells fargo denying allegations contained in federal civil suit caution the bank of recklessly handing out government backed loan homes the suit seeks hundreds of millions on behalf of the federal housing authority the agency doesn't make loans but backed thousands of mortgages whose owne
as classiest of the cheap fast food chains. at the new york stock exchange, i'm jane king with the bloomberg business report. >>> governor of massachusetts accuse the company at the heart of the deadly fungal meningitis outbreak of possibly misleading regulators. the governor says the pharmacy was supposed to fill specific prescriptions for specific patients but made big batches of medicine and sold them out of state. the new england compounding center made a steroid used in contaminated injections, a second pharmacy run by the same company has been shutdown for inspections. >>> new study warns america needs more privacy protection for people who have their genome sequenced. it finds privacy rights vary from state to state. in many states it is perfectly legal to collect a person's dna without his or her knowledge and have it processed, results could predict if a person is susceptible to disease. the commission recommends a ban on sequencing without the consent of the person. >>> new study finds women who want to lose weight do reading -- do reading at the grocery store. women who read nutri
be in for longer lines at the nation's busiest retailer this holiday season. >> here's jane king. >>> good morning. wal-mart may have more to deal with than a rush of customers trying to grab bargains day after thanksgiving. unhappy employees are planning rallies, flash mobs and other public events at wal-marts on black fridays protesting low wages, work conditions and what they call wal-mart's pattern of retaliation. another price hike gets stamp of approval going up a penny to 46 cents starting january 27th. global forever stamp for $1.10. united airlines gives up on latest attempt to raise fares by $10 round trip. tension with pilots after voiding their contract continues to hurt bankruptcy american airlines extending cuts in the number of flights until mid november after experiencing the worst on-time record. the airline has threatened legal action again the pilots if the delays don't stop. investors today eyeing bigger than expected quarterly profit at jpmorgan chase mixed close yesterday. at the new york stock exchange i'm jane king with the bloomberg business report. >>> 5:54. now to this s
around the bay area. >>> big merger in the cell phone business. >> here's jane king with this morning's bloomberg business report. >>> sprint is getting a new majority owner japan's fastest provider agreed to buy a 70% stake for 20 billion dollars. bad news for seniors. social security benefits going up 1 to 2% in january, among the smallest annual increase since the automatic adjustments were adopted in 1975. official announcement expected tomorrow. how much do you have stashed away for a rainy day? new survey says nearly 41% of americans have only $500 or less in savings. at the new york stock exchange, i'm jane king. >>> parents with preteen and teenaged girls may find this study interesting. researchers at kaiser permanente in atlanta found the hpv vaccine does not make girls more prom miss cue . -- miss cue . -- >>> number of people infected with fungal meningitis has risen 205 cases in 14 states, including four new cases in new hampshire the first cases in that state. according to the cdc, 15 people have died the outbreak has been linked to steroid shots used for back pain made
-mail if you have been buying e-books for your kindle. >> jane king is live at the new york stock exchange with that. >> microdevices what companies are affected? shares more than 14% fell after the company said sales would fall more than forecast today it is back up again not making losses back it is up almost 3% so far this morning, news -- [ unintelligible ] [ unintelligible ] red lobster goes for greater appeal to the budget-minded crowd adding more items with price points below $15 for maine lobster lovers 15 new dishes under $15 are called maine stays. live at the new york stock exchange i'm jane king. >>> new development regarding the accident on the bay bridge. sue will join us in a minute. >>> right now the forecast and maybe that thick fog out there contributed to this accident on the bridge. >> up above the marine layer isn't this beautiful from mount tam the sun officially up at 7:19 setting 6:31 most of us living beneath the higher elevations where we've got the dense fog live doppler 7 hd this morning showing all the low clouds moisture in terms of rain well up to the north a
linked to a meningitis outbreak expanding. >> here's jane king with the bloomberg business report. >>> good morning. more drugs from the pharmacy ed to fatal meningitis under investigation. -- fda warning all drugs paid by company may be tainted. outbreak has sickened hundreds and killed 15. leap of faith for red bull that it may payoff, the record jump was seen on tv worldwide watched by millions on youtube, an ad exec says it is impossible to put a dollar on the publicity red bull is getting for sponsoring the event. weaker than pecked sales from coca-cola goldman sachs saying the economic environment is still challenging. christmas in october for target the first of the big retailers to unwrap holiday tv ads some complaining on facebook it is way too early. i'm jane king with the bloomberg business report. >>> flu season has arrived new study warns the normal vaccines aren't enough to protect us. researchers found injectable flu vaccines offered less protection for children and elderly than adults. the new statistics should not be a reason to avoid getting the vaccine. >> we be
manufacturer could spread meningitis an drugs used for eye and open heart surge radios. >>> -- jane king is live at the new york stock exchange. >>> big surprise out of citi ceo out the bank's president left huge management shake-up. he came in during the financial crisis and led the bank back to profitability and pay back of the government bailout. the stock is still 94% below peak which it hit in 2006 shares are a little higher this morning on this news, higher across the board on wall street dow picking up 83 points. if we can keep those gains that will be two days. bloomberg index so far -- trading higher. version of the cheapest car in the world maybe sold in the u.s. soon. the mini car looks like a smart car costs only $3,000 in the u.s. closer to $10,000, the higher cost is due to upgrades to meet u.s. standards. it has been dogged by issues like lack of heating, no cup holders and randomly catching fire while being driven, so yes that could be a problem. live at the new york stock exchange, i'm jane king. >>> i'm just saying this morning if you send your kids to school without a
at a for profit college are about to learn a tough lesson. >> here's jane king. >>> good morning. cutbacks at the nation's largest for profit college chain university of phoenix closing 25 campuses, 90 smaller centers and cutting 800 jobs after a drop in enrollment. meantime, read between the lines if you get offers of financial aid with college acceptance letters a public interest group says schools lump grands and loans together meaning your aid may be mostly loans that you might not qualify for. wrinkle in avo in's plans, told to stop -- avon's plans told to stop claiming products fortify tissue that makes the products dugs that need to be tested first. -- big gains yesterday thanks to bigger than expected jumps in industrial production and corporate profits. apple sending out invitation force special event next tuesday expected to unveil smaller version of ipad tablet starting around $300. at the new york stock exchange i'm jane king. >>> governor brown will wait until next year before convening state legislature to tackle health care reform. brown wanted to call special session on the
in history. >> jane king joins us live from the new york stock exchange with more on that and where google shares are going this morning. >>> good morning. talk about panic, a little going on with google yesterday. they are gaining back a bit of ground today very rough yesterday shares down more than 8% after google reports disappointing early results early. today, analyst at bank of america says google is likely to have more difficult quarters next year. stocks overall lower today, both ge and mcdonald's talking about slowing u.s. and global economy how it is going to hurt their bottom line. it is the 25th, anniversary of the 1987 black monday crash, trading here despite the anniversary, quiet. a lot of old-timers remembering that day saying they worked 24 hours on those days. everything was didn't by paper then no computers. you may be seeing a lot of toyota prius in traffic in california passed the civic and accord to become the best selling vehicle line this year in the golden state. according to the california new car dealers association of all prius' sold in the u.s. one in four was
sam is ready to take whatever you save at the pump. >>> here's jane king. >>> good news for drivers. looks like gas prices are really coming down now that summer is behind us. aaa says nationwide average for regular $3.67, down 12 cents from a week ago. what you save in gas you may pay in taxes, taxes may be about to go up no matter who is elected temporary reduction in social security taxes expires the end of the year neither president obama or mitt romney has propose add extension. that means 163 million americans will feel the pin. in their paychecks. the increase could mean $1,000 a year in additional taxes for some families and way more for two-earner families with six figure incomes. tomorrow apple expected to unveil new smaller version of the ipad. the cheapest version may cost as little as $249. sources tell bloomberg this may make schools big customers. at the new york stock exchange, i'm jane king. >>> nasa scientists recovered first chunk of that meteor %z streaking across the bay area sky. this is it, the small dark grey rock apparently hit the roost of a house in novato
photos among the give aways -- >> jane king is live at the new york stock exchange to give us information on all those things. >>> good morning. let's start with apple. we are watching to learn more about the new smaller ipad that apple is expected to unveil today investors will be looking at technical capabilities and apple's pricing strategy and whether apple plans to push the device as an educational tool. shares this morning, they have that 10 a.m. pacific event apple shares down but it is a tough day on wall street. facebook is gearing up to report its second set of quarrel early results as a public company later this morning. yahoo reported slightly stronger than expected profits and sales for the quarter, up, one of the rare winners today, broader markets selling out sharp we have a number of companies over the past few sessions talking about the slowing, global economy, slowing u.s. economy how their bottom line is being impacted, due upon, 3m last week microsoft, mcdonald's ge. stocks on the defensive. bloomberg index is also down. jc penney with new gimmick to lure more customer
? >> here's jane king. >>> expect to pay more if you are traveling by air for the holidays, flights between november 17th and november 27th, will cost nearly 9% more than last year. job cuts in old economy and new economy buys dow chemical cutting 2400 jobs, closing 20 manufacturing plants worldwide. farmville maker zynga cutting 5% of its workforce. investors waiting to hear from the fed as it wraps up a two-day policy meeting. apple unveiling what it hopes will be a big hit for the holidays, ipad mini, apple starts taking orders for the $329 october 20 sixth. -- 26th. i'm jane king with the bloomberg business report. >>> arizona teenager is recovering this morning from ground breaking surgery after being severely injured while riding his bike. doctors removed part of the 15-year-old's skull to relieve swelling in his brain and placed it in his abdomen for safe keeping. doctors reattached that piece of skull after swelling went down. normallies did would have frozen the piece of skull, they stored it in his abdomen to reduce the chance of infection. doctors expect the teen to make a full
on wall street. jane king is live at the new york stock exchange. >>> good morning. [ unintelligible ] facebook getting more likes from investors today, check it out shares up about 20%. that is after reporting sales at top estimates as differ people on know bale devices -- [ unintelligible ] . zynga shares higher. slightly higher start to things after yesterday we would like to see the market do better. we have reports on new home sales coming out in a few minutes. the fed will be releasing statement about the economy this afternoon after high level policymakers wrap up day two of their meeting. bloomberg index trading up. trip to middle earth next time you sit down for breakfast. denny's hoping that is appealing launching new hobbit-inspired menu. part of a bigger campaign that the chain is undertaking to tie in with the new movie coming out mid december. live at the new york stock exchange, i'm jane king. >>> 6:49. >>> this morning, before you head out want to check out our live doppler which you can see on our website. >>> hungry for dry weather. good morning. drink in this rain,
in the housing market aren't over yet. >> here's jane king. >>> good morning. foreclosure filings on the decline in 62% of the nation's metro areas housing is not on solid footing. foreclosure filings jumped in the past quarter in new york, tampa, philadelphia, chicago and seattle compared to a year ago. things improving slightly when it comes to women and equal pay. women made 79 cents for every dollar made by men in 2009 and 2011. hiring planses taking off bankrupt american looking to hire 2500 pilots over the next five years. how does $1.50 a gallon sound. using a process to convert corn and grass into fuel for that price the maker backed by google and ge plans to build 30 manufacturing plants within three years. at the new york stock exchange, i'm jane king. >>> medical advancement in the fight against colon cancer. doctors say aspirin has shown remarkable promise in some patients. they found people who took aspirin on a regular basis lived longer than those who didn't. the >>> 5:-- another wet morning for parts of the bay area meteorologist mike nicco is tracking showers now. >>> ahead, boo
for to days. >> jane king joins us live from the new york stock exchange. how is the mood? >>> good morning. we are higher here on wall street today we just had opening bell 15 minutes or so ago you can tell me are still not up and running but we are positive and what appears a smooth opening bell here today, all 30 dow stocks trading expected to be heavy beginning of trading as we were closed for two days so we had built-up demand for trades. also the end of the month typically busy. the dow at the moment up by 60 to points, nasdaq a little lower. bloomberg index trading down about 1%. investors still in waiting mode many monthly jobs report supposed to come out friday labor department intends to issue that report friday on time the last before the presidential election. a lot of interest in those numbers. hurricane sandy bad for many, good for netflix the company saw a huge jump netflix says with kids home from school it noticed a lot of kids' titles ordered unless you lost power like me, we just played cards. i'm jane king. >>> are you guys on generator there do you have internet back? .
fees. >> expect to pay more for taxes next year. jane king has the bloomberg business report. good morning, jane. >> the tax man coming for you. 160 million could see bigger tax fees next year. a typical u.s. worker can expect to pay about $1,000 and more next year and it will get deducted from your paycheck. we have stock futures looking higher today. we had a plunge back on friday, a huge decline. microsoft, mcdonald talking about a slowing u.s. and global economy and that hurts their bottom lines. good news for facebook. no evidence the company withheld information from investors. the stock price plunged after their ipo. the stock probe is ongoing. t-mobile warning their merger approved. there was a deal to pay $1.5 million in an effort to compete 18 t, andi and verizon, spreaint. the s3 be available on its website starting today without a contract by samsung. >> millions of dish network customers can now see their zombies and mad men again. >> there has been an agreement reached. details coming up. >> jane, thank you. >> 5:23. 47 degrees at the airport. patterson park was a hot
into recession again. jane king live at the new york stock exchange with more. >>> good morning. bloomberg crunched numbers and -- [ unintelligible ] [ unintelligible ] [ unintelligible ] tell >>> mike joining us with a look at the forecast what we all need to know at 5:07 tonight. >> it is going to be a lot of fun. world series game two, dry, not like what we are seeing here on our camera, drizzle falling and mist hanging around the golden gate bridge looking at cars coming in from marin into san francisco. waves of blue that is light rain mainly mist is what you are seeing in the blue. it has been a south bay event we had some in the north bay hasn't been as heavy. going to be damp through 8:00, temperatures holding where they are in the low to upper 50s not only here but also around the monterey bay in the afternoon, high pressure takes over, dry air, high clouds and sun warming trend begins today with dry air that means less clouds tonight cooler all that moisture is going to create more fog for tomorrow's commute drier but visibility may be an issue tomorrow morning. weekend warmest i
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